Cardoso is the best CBN gov ever — Otedola
Prominent investor with over three decades of experience across multiple economic cycles, Femi Otedola, has described Yemi Cardoso as the best Central…
Central Bank of Nigeria
Banks’ bad loans rise as CBN ends COVID-19 relief
Nigeria’s banking sector recorded an increase in bad loans in 2025 following the withdrawal of regulatory forbearance granted by the Central Bank…
Emefiele: Five things you should know about acting CBN gov
By Christian George Folashodun Adebisi Shonubi has been appointed as the acting governor of the Central Bank of Nigeria. This…
CBN debunks viral recruitment advert
The Central Bank of Nigeria has debunked the news that has gone viral, stating the bank is currently carrying out its recruitment…
Buhari holds emergency meeting over naira, fuel crises
President Muhammadu Buhari will call an emergency Council of State meeting on Friday in order to address the issues plaguing the country,…
Naira crisis: CBN to fine banks hoarding new notes
The Central Bank of Nigeria may levy fines of N5 million on banks holding fresh notes and N50,000 against individuals selling them.…
How bank borrowing from CBN hit N21.87trn
Data from the Central Bank of Nigeria financial information has revealed that deposit money banks borrowed N21.87 trillion from the CBN in…
PoS operations boom in urban neighbourhoods amid rising challenges
The Central Bank of Nigeria’s Vision 2020, released in 2007, was a calculated move by the apex bank to create a robust…
CBN retains 5% interest rate for power sector, others
Sequel to its development finance initiative, the Central Bank of Nigeria has agreed to leave interest rates at five per cent per…
Banks tighten access to forex as reserves hit seven-month low
The country’s external reserves hit a seven-month low after falling to $38.57bn as of May 25, 2022, figures obtained from the Central…
Banks borrow N338.4bn from CBN in one month
Cash-strapped banks borrowed N338.5bn from the Central Bank of Nigeria in January to bridge their funding gap, according to the banking data.…
Forex inflow falls by 37% in one month -CBN
The foreign exchange inflows into the country fell by 36.7 per cent in one month to $4.36bn in January, figures obtained from…